BrightAccountsProduction v1.0.0 v1.0.0 2025-03-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts FRS 105 Accounts 21 May 2026 0 0 NI658976 2026-02-28 NI658976 2025-02-28 NI658976 2024-02-29 NI658976 2025-03-01 2026-02-28 NI658976 2024-03-01 2025-02-28 NI658976 uk-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 NI658976 uk-curr:PoundSterling 2025-03-01 2026-02-28 NI658976 uk-bus:AbridgedAccounts 2025-03-01 2026-02-28 NI658976 uk-core:CapitalReserve 2026-02-28 NI658976 uk-core:CapitalReserve 2025-02-28 NI658976 2025-03-01 2026-02-28 NI658976 uk-bus:Director1 2025-03-01 2026-02-28 NI658976 uk-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 NI658976 uk-bus:Micro-entities 2025-03-01 2026-02-28 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
42 Genetics Limited
 
Unaudited Financial Statements
 
for the financial year ended 28 February 2026



42 Genetics Limited
Company Registration Number: NI658976
STATEMENT OF FINANCIAL POSITION
as at 28 February 2026

    2026   2025
  £   £
 
Fixed Assets 1,288,089   1,184,087
  ─────────   ─────────
Current assets 42,568   40,405
Creditors: amounts falling due within one year (901,428)   (555,878)
  ─────────   ─────────
Net Current Liabilities (858,860)   (515,473)
  ─────────   ─────────
Total Assets less Current Liabilities 429,229   668,614
Creditors: amounts falling due after more than one year (2,560)   (13,028)
Accruals and deferred income (1,860)   (4,400)
  ─────────   ─────────
Net Assets 424,809   651,186
  ═════════   ═════════
 
Capital and Reserves 424,809   651,186
  ═════════   ═════════
 
     
For the financial year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
 
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
 
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
 
These financial statements have been prepared in accordance with the provisions available to micro-entities in Part 15 of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
 
The company has taken advantage of the exemption under section 444 not to file the Income Statement.
 
Approved by the Board on 21 May 2026 and signed on its behalf by:
 
   
________________________________  
Mr Richard Irwin  
Director